Budget like a legend: height isn’t the only thing worth measuring
Karen Deenihan, Senior Marketing Manager, Aviva Life & Pensions Ireland
Let's face it—budgeting has a bad rep. People think it means spreadsheets, sacrifice, and saying goodbye to anything fun. But budgeting like a legend? That's a whole different story. It's about being smart with your money to enjoy life and build a future.
The Legendary Budgeting Playbook:
- Know where your money's going: You wouldn't drive blindfolded, so don't spend that way. Use apps like Spendee, Mint, or even a good old-fashioned notebook to track your spending.
- Set goals that excite you: Whether it's the trip of a lifetime, a new kitchen, early retirement, or saving to send your children to college, knowing your "why" makes saving easier.
- Cut the fluff, not the fun: Cancel that gym membership you haven't used since 2022. Keep the Friday night takeaway if it brings you joy.
- Automate your savings: When you get paid, set up a standing order to your savings. This simple concept is called 'pay yourself first. ' It's like paying your future self-first.
- Celebrate small wins: Hit a savings milestone? Treat yourself (responsibly). You're doing great.
- Start small, think big: You don’t need a windfall to begin. With Aviva, you can start saving from just €100/month. That’s less than a weekly shop or a night out in Dublin.
Legendary Tip:
Budgeting isn't about being perfect. It's about being consistent. And a little clever.
Get expert advice:
Want to budget like a legend and still enjoy your life? Talk to a financial broker today, they can help you match your savings plan to your lifestyle, goals, and risk appetite.
This article is not intended to give advice or a personal recommendation. If you'd like a personalised recommendation based on your circumstances, you should speak with a financial broker. You can find a financial broker on brokersireland.ie.
Revenue rules and terms and conditions apply. Remember that tax laws can change over time, so it is important to check revenue.ie for the latest information.